accounts statement from stan april 17

[jessemorning]

Hi All

Here is the finance news, and because we've upped our game over subs collection, it's reasonably healthy. In theory we've £1689. I'd recommend that we always try to keep at least £500 in reserve. So say that leaves, say, £1000 to play with. Sounds like a lot, but it could disappear quite easily. Out of that we need to get some flags made, but we are now paid up members of "Making Music" ( maybe someone could look into what resources of theirs we could use ) so we have public liability insurance paid for.

"Love in Outer Space" was a success, but we didn't take much from the Salt Cafe and Tea Dance, so that was a loss, and we can't really afford too many of those. In light of that we need to collectively agree what we could or should do with any surplus. For myself, I think we should aim to at least break even on all performances. However, where we are promoting the Fantasy Orchestra, or supporting a worthwhile cause that fits with our ethos, then we can use some funds to subsidise FO expenses. I don't like giving folk the idea that music ( or lunch) is free, because it isn't. Someone is paying. I'd like to hear what everybody thinks.

Some possibilities are

Plymouth gig travel ( What's the story there Jesse ?)
Bicycle Tour Support
Recording
Equipment purchase( mics, stands,leads, PA kit etc ).
Any suggestions ?

While I'm here, a reminder we're co-promoting the 1967 gig with King's Weston House, and we'll need to get our promo act together like never before. It'll be heavy on expenses ( 2 PAs, DJ, lights, support band) so we'll need to sell a lot of tickets.

Stan

The numbers........

Assets Liabilities
Bank £3,020.00 Wedding Deposit £ 450.00
Cash 40.00 Advanced subs 220.00
Subs expected 90.00 Invoices to pay 791.00
TOTAL £3,150.00 £1,461.00
Net Assets £1,689.00